© Reuters Invesitng.com — Bank deposits fell, but lending inched higher in the week ended July 12, the latest data from the Fed showed. Deposits at large U.S. banks fell by $78.7 billion to $17.289 trillion from a week earlier, on a seasonally adjusted basis. Commercial bank lending inched up by $2.10B to a seasonally adjusted…
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© Reuters. People walk past the Central Bank headquarters in Moscow, Russia, April 29, 2016. REUTERS/Maxim Zmeyev/File photo By Elena Fabrichnaya, Alexander Marrow and Vladimir Soldatkin MOSCOW (Reuters) -Russia’s central bank hiked its key interest rate by a greater-than-expected 100 basis points to 8.5% on Friday, raising the cost of borrowing as the weak rouble…
Democratic House members who objected to Robert F. Kennedy Jr.’s appearance at a House hearing on Thursday were baited by Fox Business reporter Hillary Vaughn… unsuccessfully. (Watch the video below.)In a clip shown on “Jesse Watters Primetime,” Vaughn asked several of the lawmakers if they were proving correct Kennedy’s claim that he was being censored…
In a public letter addressed to Ford boss Jim Farley, House Republicans Mike Gallagher and Jason Smith announced that two congressional committees are investigating the automaker’s licensing deal with Chinese battery maker CATL. The probe centers on Ford’s efforts to put CATL’s battery cell technology to use at an upcoming, $3.5 billion battery cell plant…
Share to FacebookShare to TwitterShare to LinkedinTopline Elon Musk’s fortune took a major hit Thursday after the share price of his electric vehicle titan Tesla suffered its biggest slide in three months, as the world’s richest person navigates yet another massive swing for Tesla. Tesla’s stock slump nearly knocked Elon Musk off his pedestal as…
Swarm, the Internet-of-Things connectivity provider that was acquired by SpaceX, will no longer be selling new devices, according to an email sent to customers earlier this month. The news appears to be directly related to SpaceX’s forthcoming expansion into the satellite-to-cell market, with Swarm telling customers that it plans to offer a version of its…
Aurora Innovation, the self-driving technology company that aims to launch an autonomous trucking business in 2024, has completed a capital raise of $820 million from a public and concurrent private offering of its stock. The company expects the deal to close Friday. The stock sale will help fund Aurora through commercial launch at the end…
A Cordless Vacuum Shoppers Call Their ‘Favorite Purchase This Year’ Is Just $100 at Amazon Right Now
“It really picks up all the dirt, sand, and dog hair with no issues.”…
Tesla margins may not be done falling, but Deutsche Bank is still bullish on the stock…
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